Jupiter Lend's Reserve Questioned for "Incomplete Isolation," Fluid and Kamino Founders Speak Out

BlockBeats News, December 7th: The independence of Jupiter Lend's vaults has been questioned by the Solana community. Fluid and Kamino, the co-founders, have come forward to claim that their vaults' "full isolation" commitment is not accurate. Samyak Jain, co-founder of Solana's ecosystem lending protocol Fluid, admitted that Jupiter Lend's vaults have utilized rehypothecation for capital efficiency and that the assets in the vaults are "not completely isolated" from each other. Therefore, Jupiter Exchange is facing strong scrutiny from the Solana community.Marius, co-founder of Solana's liquidity protocol Kamino, stated: This week, Kamino banned the Jup Lend migration tool because users were misled and unaware of the protocol's design and risks. Jupiter Lend has repeatedly claimed that there is no interrelation between assets, and the statement that "users will not be affected if assets in different vaults experience adverse events" is utterly unfounded. In Jupiter Lend, if a user provides SOL and borrows USDC, the SOL will be lent to the recursive borrower, including JupSOL, INF, etc. Users will bear all the risks of these recursive nesting or asset collapses.